Membership of the Isle of Man Financial Services Authority

The work of the Authority is overseen by members of the Board who, with the exception of the Chief Executive Officer, are appointed by Treasury, subject to the approval of Tynwald. Board members bring extensive international business, regulatory, financial services and wider commercial experience to the organisation. They work with the executive to set the strategic direction of the Authority and ensure it remains well positioned to support a dynamic industry.

 

Lillian Boyle (Chair)

Joined in November 2015. Appointed Chair in July 2018.

Lillian offers a broad range of experience across multiple disciplines within the Authority’s remit having served in a variety of non-executive chair and director roles within the private, public and third sectors in the Isle of Man and UK.

During a career spanning more than 30 years, she has been the CEO, Executive Director and Non-Executive Chair of Isle of Man international life companies and their overseas subsidiaries and branches. Lillian has also held a variety of non-executive roles in the investment and trust sectors in the Island, as well as in UK life assurance. She has been a member of the UK Financial Reporting Council’s Conduct Committee, with a particular focus on the oversight of Audit Quality Review work, and has chaired several Audit & Risk Committees in addition to Isle of Man professional and educational bodies.

Lillian is a former UK President of the Chartered Insurance Institute and is currently a Member of the Central Bank of Ireland Regulatory Decisions Panel, Deputy Chair of a UK grant making charity, and a Member of the Isle of Man Estate Agents Tribunal.   

Originally an in-house lawyer, Lillian is a Chartered Fellow of the Securities & Investment Institute, a Fellow of the Chartered Insurance Institute, and a Fellow of the Institute of Directors, as well as a Trust & Estate Practitioner. She has received a number of awards from the Chartered Insurance Institute in recognition of her ongoing contribution to the wider organisation both in the UK and the Isle of Man.

 

Bettina Roth (Chief Executive)

Appointed as Chief Executive Officer in October 2021.

Bettina brings a wealth of international experience to the role having demonstrated a strong track record of professional achievement in both the regulatory and private sectors.

Bettina has held senior roles at the Cayman Islands Monetary Authority, Abu Dhabi Global Market and the Office of the Superintendent of Financial Institutions. She also completed a secondment with the Office of the Comptroller of the Currency (OCC) in New York as part of the Citibank supervision team.

While Bettina had broad responsibilities in her roles, her focus in the last few years has been on automation of key processes and risk-based methodology. Prior to her regulatory roles, Bettina worked for Ernst & Young in Canada and Australia.

Bettina holds a Bachelor of Commerce from the University of Toronto and a Masters of Business Administration from Queen’s University in Canada. She is also a Chartered Professional Accountant, Project Management Professional, Certified Anti-Money Laundering Specialist, and Certified Crypto-Asset Anti-Financial Crime Specialist.

In June 2022 Bettina was appointed as a Director of the Small Countries Financial Management Centre, a charity dedicated to supporting the growth and prosperity of small countries through capacity building in the government financial sector.

 

Kevin Garland (Member)

Appointed in February 2020 and reappointed in March 2025.

Immediately prior to joining the Authority, Kevin was Chief Information Officer (CIO) and part of the senior leadership team at the Central Bank of Ireland, with overall responsibility for IT. During his tenure he authored the Bank’s data strategy, which led to significant investment in information security, regulatory and statistical data management, and the introduction of a comprehensive document management system and framework.

Kevin also worked as CIO at Aviva where he reported to the Group CEO of Ireland and had overall responsibility for IT in Aviva’s Life and Pensions, General Insurance and Health Insurance, as well as being a member of the senior management team. His responsibilities covered IT change portfolio management, application development, testing, IT operations, infrastructure and communications, business protection and sales distribution and operations technology support.

Earlier in his career Kevin enjoyed a career of more than 20 years with Irish Life Assurance. During this time, he was Head of IT for Irish Life UK and executive team member for the establishment of Irish Life International. Kevin currently chairs the Authority’s Risk and Compliance Committee.

 

Brandon Horwitz (Member)

Appointed in July 2023.

Brandon is an independent consultant, non-executive director and qualified actuary with broad investment and pension experience. He is focused on the importance of effective design, delivery and oversight of financial services propositions to help ensure that they achieve value for customers. Brandon is currently Principal Consultant at NomBon Consulting, a boutique management consultancy, as well as being a Senior Adviser and Non-Executive Director of the Fund Boards Council. He also chairs the Appointments Committee of the Financial Reporting Council’s Tribunal Panel.

During his 22-year career in financial services, Brandon has served in non-executive director roles for regulated firms in Gibraltar and the UK, as an asset management technical specialist at the UK’s Financial Services Authority, as an investment banker and portfolio manager at Morgan Stanley, and in investment consulting at Watson Wyatt.

Brandon holds a MSc. in Finance and Economics from the London School of Economics, as well as a BSc. in Actuarial Science/Maths of Finance from WITS University. He served as chair of the Institute & Faculty of Actuaries’ (IFoA) Finance & Investment Board from 2014-2016.

Brandon’s career has included a significant focus on regulation, working at the UK’s Financial Services Authority and implementing a number of flagship regulatory initiatives. He is also an active volunteer for the IFoA, regularly chairing working parties covering product regulation and investment governance.

 

Alex Kuczynski (Member)

Appointed in March 2025

Alex is a qualified solicitor with experience of civil litigation in large City practices. For the past 25 years he has served in regulatory roles within the public sector, including 20 years at the Financial Services Compensation Scheme – the UK consumer protection scheme for deposits, insurance and investments – where he acted as General Counsel. He was also appointed to the Board as Chief Corporate Affairs Officer, with responsibilities for company secretariat, communications, policy and international engagement, risk and resilience, and quality assurance.

From 2020 to last year, Alex worked at the Financial Reporting Council as General Counsel and Executive Director for Corporate Services. As well as legal, the directorate encompassed finance, procurement, risk, facilities, human resources, information management and technology, and economics data and research.

In 2025, Alex joined the Bar Standards Board (BSB) as Director of Legal and Information Management. The BSB oversees barristers, including authorisation, supervision and enforcement.

 

Lucy McClements (Member)

Appointed in July 2021.

Much of Lucy’s experience comes from almost two decades as a UK financial services regulator across all sectors (banking, insurance, investment firms, payment services/e-money, and consumer credit) on both prudential and conduct of business issues in roles including authorisation, supervision, operations, and risk.

Before leaving the Financial Conduct Authority in 2016 Lucy was a Head of Department and senior decision maker on applications for authorisation from firms and individuals, including applications received through its Innovation Hub. 

Lucy has a portfolio of interests across consulting, coaching, and non-executive directorships. She has served on Boards from across the commercial, not-for-profit, and public sectors including a sports governing body, a fast growing e-money company, and a multi-academy trust. Currently she sits on the Board of the Mansfield Building Society. 

Alongside her non-executive roles Lucy consults with clients on Board effectiveness and preparing for regulatory interviews. Lucy is a Fellow of the Association of Chartered Certified Accountants (ACCA) and a qualified executive coach.

 

Leam Thompson (Member)

Joined in 2018 and reappointed in July 2023.

Leam was called to the Bar of England and Wales in 1997. Since 1999, Leam has worked for the United Nations Office on Drugs and Crime, a number of UK Government regulatory and enforcement authorities, global accounting networks and various foreign governments on recovering the proceeds of crime, combined with the development of anti-money laundering and anti-corruption capacity.  

Leam’s working life began with secondments from Chambers to the Securities & Futures Authority, the forerunner to the UK’s Financial Conduct Authority.  From here she was seconded to the Central Confiscation Branch of the Criminal Prosecution Service and later to the Asset Recovery Unit of HM Revenue & Customs.

With significant experience in the design and implementation of financial crime legislation, Leam has enjoyed extensive public and private sector engagement in Europe and Eastern and Southern Africa. Since 2019 Leam’s work has focused on countering illicit financial flows (IFFs) which has included the design and build out of the International Centre of Excellence on IFFs.

 

Mark Waterhouse (Member)

Joined in November 2015 and reappointed in 2021.

Mark has more than 40 years of financial services experience and has held a number of key positions in banking, including Managing Director of Halifax International (Isle of Man) Limited and Managing Director of Halifax International Limited in Jersey. He is currently non-executive director of ZBI Limited, formerly Zurich Bank International Limited. Mark was CEO of this bank until 2017. He is also a non-executive director of a leading provider of interactive sports betting solutions and services to operators in regulated markets across multiple channels.

Since moving to the Island in 1997, Mark has been an active member of the Isle of Man Bankers Association and until October 2015 served as President, a position he held for nearly five years. He was also President of the Isle of Man Centre of the London Institute of Banking & Finance until July 2019 and remains an Honorary Fellow and Isle of Man committee member. Mark is also a Fellow of the Institute of Directors (IoD) and currently serves on the committee of the Isle of Man branch and as an IoD representative on the Isle of Man Biosphere Technical Sub-Committee. Mark currently chairs the Authority’s Human Resources and Compensation Committee.

 

The direct interests of Members in entities which are overseen by the Authority, and which are required to be published under the Code of Conduct, can be found here.